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Wednesday, August 10, 2011

8/10/2011 - With No Bailouts Coming, US Must Take Its Medicine

In the wake of S&P's downgrade of US debt, Todd made a guest appearance on Yahoo's The Daily Ticker with Aaron Task.

This is the second side of the financial storm, he says. While some expect China to come to the US' aid, Todd isn't holding his breath. Instead, the economy will have to take its medicine in the form of debt destruction and reorganization, a resetting of sorts. It's simply what needs to happen in order to regain balance.

The Vulcan Report - The Coming Collapse of the entire free market system

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I worked on Wall Street for many years as a Systems developer and Money Manager. Presently a hired gun, running a private equity fund. I work with a broad base of private funds and am very selective in whom I ACCEPT as a client. My services are not normally open to the general public due to the secure nature of what I do. I extract large sums of money out of the markets on a regular basis. You can send me a private message to further discuss arrangements. I generally don't discriminate based on account size. However, this is not for everyone. SERIOUS INQUIRES ONLY!!!

This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.